**U.S. Stock Market Update: Gains Amid Lower Crude Oil Prices**
On July 10, 2026, U.S. stock indexes posted modest gains, with the S&P 500 Index up 0.19% at a three-week high, the Dow Jones Industrial Average rising 0.11%, and the Nasdaq 100 Index increasing 0.03%. Support for stocks came from lower crude oil prices following easing geopolitical tensions, particularly as discussions between the U.S. and Iran regarding a peace agreement are set to continue despite recent hostilities.
Market forecasts indicate a potential 23% increase in Q2 earnings, driven largely by AI spending, with AI infrastructure expected to contribute nearly 60% of the S&P 500’s earnings-per-share growth. Crude oil prices have seen a decline of 0.51% today amid ongoing diplomatic efforts, although risks remain following U.S. military actions in the region.
In corporate news, WD-40 Co. forecasts increased sales, pushing its stock up over 23%, while equipment rental company EquipmentShare.com raised earnings estimates and saw a 17% stock increase. In contrast, chipmakers have declined, with the iShares Semiconductor ETF down by about 1%.
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